The energy crisis in Iran has worsened in the past few months, with residents blaming the country’s crypto mining operations as the …
Miners
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Bitcoin mining companies and artificial intelligence data centers are increasingly competing for access to cheap, sustainable energy, which could trigger renewed institutional …
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Mining
Authorities root out over 8,000 illegal miners in Irkutsk, Russia’s crypto mining capital
by shayaanby shayaanRussian authorities have identified more than 8,000 miners minting cryptocurrencies outside the law in the Siberian crypto mining hotspot of Irkutsk. The …
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Mining
Crypto Miners Drained Enough Power to Light up a City — Kazakhstan Cracks Down
by shayaanby shayaanAuthorities in Kazakhstan have uncovered a scheme involving electricity companies illegally supplying power to cryptocurrency miners. Violations of Digital Mining Laws Authorities …
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Mining
Crypto miners use 50 MWh of power intended for other consumers in Kazakhstan
by shayaanby shayaanFinancial and law enforcement authorities in Kazakhstan have unraveled a scheme to mine cryptocurrencies using illegally sourced electrical power. Losses caused by …
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Mining
Inside the Powerhouse: The 50 Most Profitable Bitcoin Miners, Aug. 9-10, 2025
by shayaanby shayaanAt today’s bitcoin price and network difficulty, and with electricity costs set at just $0.02 per kilowatt-hour, a select group of mining …
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Mining
Ethiopia’s electricity regulator announces plans to push out crypto miners
by shayaanby shayaanState-owned Ethiopian Electric Power (EEP) has announced its intention to shut down all the crypto mining operations in the country. According to …
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Mining
US Bitcoin miners face 21% rig cost surge after Trump’s tariff goes live
by shayaanby shayaanA 100% tariff on imported semiconductors, formally enacted by the Trump administration on August 7, is reshaping the economics of crypto mining …
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Bitcoin’s mining difficulty surged to an all-time high of 127.6 trillion in August 2025. The move reflects a continued expansion of global …
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Mining
Bitcoin Miners’ Profit Margin Reaches Highest Level in Recent Times – What Does This Mean?
by shayaanby shayaanBitcoin mining profits reached their highest monthly level since the last halving in 2024 in July. JP Morgan analysts examined this intriguing …